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Benchmarking Wheat's Lawn & Custom Landscaping, Inc. 401(K) Plan in McLean, VA against all plans

 

Wheat's Lawn & Custom Landscaping, Inc. 401(K) Plan in McLean, VA has the 3rd-highest yield on beginning-of-plan-year total assets (-15.54%) among the 25 plans in McLean, VA. That -15.54% compares to an average of -18.46% across those 25 plans.

Beating the average of -18.46% means an extra $192,448 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year

Wheat's Lawn & Custom Landscaping, Inc. 401(K) Plan has these standings among those 25 peer plans:

  • yield on beginning-of-plan-year total assets = -15.54% (3rd-highest)

  • net earnings on investments = -$1,024,655 (12th-highest)

  • total assets at beginning of plan year = $6,591,700 (9th-most)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to the plan = $0

  • asset transfers from the plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $417,036

  • cash contributions from employers = $165,091

  • total contributions = $644,906

Visualize

 
 

Peers

beat out by Securiguard, Inc. Retirement Plan and Trust in McLean, VA (-14.61%) and Prescient Edge Corporation 401(K) Plan in McLean, VA (-14.92%).

beat Heartland Energy Partners 401(K) in McLean, VA (-16.64%), NMCGRF/VH 401(K) Plan in McLean, VA (-16.66%), Freealliance.com LLC 401(K) Profit Sharing Plan & Trust in McLean, VA (-17.14%), and Caresave Technologies Inc 401(K) Profit Sharing Plan & Trust in McLean, VA (-17.16%), and others, ending with Somatus Inc. 401k Plan in McLean, VA (-22.54%).

References

  1. in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.